Technology Commercialization Investment Fund

By mmuise
Description:

Ag-West Bio’s Technology Commercialization Investment Fund provides repayable investment capital for qualified early stage Saskatchewan bio-science and/or ag tech companies. The Fund supports promising innovative technologies at the early stages of development that demonstrate exceptional long-term benefit to Saskatchewan and a clear pathway to commercialization.


Comments on Funding:

Financing takes the form of flexible and patient risk capital ranging from $50,000 to $300,000.
Investments are usually in the form of a loan, plus a royalty based on company revenue.

Deadline: -
Eligibility:

Companies must meet the following criteria:

  • Have a detailed business plan that outlines extensive benefits to Saskatchewan bio-science and/or ag tech industries, in the form of:
    a) Job creation;
    b) Economic activity;
    c) Wealth creation;
    d) Innovative new technology, product or service for those operating in the industry;
    e) Increase in research or commercialization knowledge capital;
    f) Significant environment impact.
  • Be a for-profit, Saskatchewan incorporated company and have a strong financial return opportunity;
  • Have a proven core technology that can scale and create measurable change;
  • Have an addressable market with defined market partners and demonstrated market traction;
  • Have a capable team with a focus on revenue and commercialization.
Application Steps:

-

Documentation Needed:

-

Other Things to Note:

The Ag-West Bio Technology Commercialization Investment Fund selection is highly competitive and only a limited number of companies receive investment. Successful companies are subject to thorough duediligence and a prescribed approval process

About the author
mmuise